2021-11-01T08:16:34-05:00 2020-12-31 390859910 BAKER TILLY US LLP 225 S 6TH ST 2300 MINNEAPOLIS MN 55402 990 2020-01-01 650639567 SENIOR CARE COMMUNITIES INC SENI 6512876408 161 ST ANTHONY AVENUE NO 825 ST PAUL MN 55103 SUSAN LANDWEHR MARSHALL PRESIDENT AND TREASURER 6512876408 2021-10-28 1 SUSAN LANDWEHR MARSHALL 999009999 LAWRENCE H MOHR CPA P00447603 6128764500 2021-10-28 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z SUSAN LANDWEHR MARSHALL 161 ST ANTHONY AVENUE NO 825 ST PAUL MN 55103 62996901 0 X WWW.SENIORCARECOMMUNITIES.ORG X 1995 DC TO DEVELOP AND MAINTAIN QUALITY AGED, HANDICAPPED, AND LOW AND MODERATE INCOME HOUSING AND SERVICES. 5 4 877 41 0 0 110214 3190235 61829464 58678388 354696 294752 293398 419658 62587772 62583033 138982 80622 0 0 28915292 31351717 0 0 0 32281831 33289730 61336105 64722069 1251667 -2139036 83580066 84082294 83774565 86360926 -194499 -2278632 X THE PRIMARY MISSION OF SENIOR CARE COMMUNITIES, INC. IS TO HOUSE AND CARE FOR SENIOR RESIDENTS IN A VARIETY OF SETTINGS INCLUDING RENTAL APARTMENTS, ASSISTED LIVING, LONG TERM NURSING, REHABILITATION FACILITIES AND MEMORY CARE UNITS. WE ARE ALSO COMMITTED TO SERVING OUR RESIDENTS, THEIR FAMILIES, AND THE BROADER COMMUNITY THROUGH PROGRAMMING, PARTNERSHIPS AND FUNDING OF CHARITABLE ENDEAVORS. 0 0 54820181 80622 58678388 SENIOR CARE COMMUNITIES, INC.'S PRIMARY MISSION IS TO HOUSE AND CARE FOR SENIOR RESIDENTS IN A VARIETY OF SETTINGS, INCLUDING RENTAL APARTMENTS, ASSISTED LIVING, LONG TERM SKILLED NURSING, REHABILITATION FACILITIES, AND MEMORY CARE UNITS. SENIOR CARE COMMUNITIES IS ALSO COMMITTED TO SERVING ITS RESIDENTS, THEIR FAMILIES, AND THE BROADER COMMUNITY THROUGH PROGRAMMING, PARTNERSHIPS, AND FUNDING FOR CHARITABLE ENDEAVORS. DURING THE 2020 WORLDWIDE PANDEMIC, THE STAFF AND MANAGEMENT TEAMS AT THE SENIOR CARE COMMUNITIES PROPERTIES WORKED DILIGENTLY TO KEEP BOTH STAFF AND RESIDENTS SAFE. MANAGEMENT WORKED TO PROCURE PERSONAL PROTECTION EQUIPMENT (PPE), IMPLEMENT CDC AND MINNESOTA DEPARTMENT OF HEALTH INFECTION CONTROL GUIDELINES, AND KEEP STAFFING LEVELS AT ACCEPTABLE LEVELS WHILE STAFF WERE QUARANTINED. COMMUNITY LIFE STAFF ADAPTED ACTIVITIES TO ENGAGE WITH RESIDENTS WHILE MAINTAINING SOCIAL DISTANCING GUIDELINES. OUR FRONTLINE HEROES WORKED EVERY SHIFT WEARING PPE AND ADAPTING PROCEDURES TO SUPPORT CHANGING GUIDANCE, AS WELL AS FREQUENT COVID-19 LAB TESTING. THE COMMUNITIES INVESTED HUMAN AND FINANCIAL RESOURCES INTO TOOLS AND EQUIPMENT TO HELP RESIDENTS STAY CONNECTED TO THEIR LOVED ONES, INCLUDING ADDITIONAL VIDEO EQUIPMENT, IPADS, AND OTHER DEVICES TO ALLOW FOR TWO-WAY COMMUNICATIONS. THE FOLLOWING ARE THE SENIOR CARE COMMUNITIES, INC PROPERTIES: THE WOODBURY SENIOR LIVING CAMPUS IN WOODBURY, MINNESOTA INCLUDES WOODBURY VILLA, A 75-UNIT INDEPENDENT AND ASSISTED LIVING COMMUNITY; WOODBURY ESTATES, A 64-UNIT ASSISTED LIVING COMMUNITY; AND WOODBURY HEALTH CARE CENTER, A 155-BED LICENSED SKILLED NURSING FACILITY. IN 2020, WOODBURY HEALTHCARE CENTER PROVIDED CARE FOR AN AVERAGE OF 112 RESIDENTS PER DAY, APPROXIMATELY 62% OF WHICH WERE IN THE LOW-INCOME CATEGORY, AS DEFINED BY THEIR ENROLLMENT IN THE MINNESOTA MEDICAL ASSISTANCE PROGRAM. THE FACILITY HAS 40 TRANSITIONAL CARE BEDS AVAILABLE, 12 OF WHICH ARE TRANSITIONAL CARE SUITES. IT ALSO HAS 52 MEMORY CARE BEDS. A SEPARATE ISOLATION UNIT WAS ESTABLISHED AND IS STILL MAINTAINED IN THE HCC.WOODBURY VILLA HOUSED AND PROVIDED SERVICES TO AN AVERAGE OF 69 RESIDENTS PER DAY IN 2020, WITH AN ESTIMATED 39.6% OF THE TENANTS IN THE LOW-INCOME CATEGORY. WOODBURY ESTATES HOUSED AND PROVIDED SERVICES TO AN AVERAGE OF 59.8 TENANTS PER DAY WITH 14 LOW-INCOME RESIDENTS INCLUDED IN THAT AVERAGE. BIRCHWOOD SENIOR LIVING CAMPUS IN FOREST LAKE, MINNESOTA INCLUDES BIRCHWOOD ARBORS, A 46-UNIT ASSISTED LIVING COMMUNITY AND BIRCHWOOD HEALTH CARE CENTER, A 100-BED SKILLED NURSING FACILITY. IN 2020, BIRCHWOOD HEALTHCARE CENTER CARED FOR AN AVERAGE OF 76 RESIDENTS PER DAY WITH OVER 66.9% OF THAT POPULATION IN THE LOW-INCOME CATEGORY. BIRCHWOOD ARBORS HOUSED AND PROVIDED SERVICES TO AN AVERAGE OF 40 RESIDENTS PER DAY WITH 59.7% IN THE LOW-INCOME CATEGORY. A SEPARATE ISOLATION UNIT WAS ESTABLISHED MAINTAINED IN THE HCC.PROVIDENCE PLACE IN MINNEAPOLIS, MINNESOTA IS A 190-BED SKILLED NURSING FACILITY. IN 2020, PROVIDENCE PLACE PROVIDED CARE FOR AN AVERAGE OF 170.4 RESIDENTS PER DAY WITH APPROXIMATELY 75.3% OF THE POPULATION IN THE LOW-INCOME CATEGORY. IN 2020, DURING THE WORLDWIDE PANDEMIC, THE FACILITY ESTABLISHED A TEMPORARY COVID ISOLATION UNIT WHICH IS STILL MAINTAINED TO DATE.THE WATERS OF HIGHLAND PARK IS AN 84-UNIT SENIOR LIVING COMMUNITY WITH 54 SENIOR LIVING APARTMENTS AND 30 APARTMENTS DEDICATED TO MEMORY AND ENHANCED CARE. THE COMMUNITY WAS AT 78.6% OCCUPANCY AS OF DECEMBER 31, 2020. THIS COMMUNITY HAS A STRONG FOCUS ON HOSPITALITY AND A WHOLE-PERSON CENTERED APPROACH TO WELLNESS. THE WATERS OF HIGHLAND PARK OFFERS A VARIETY OF PROGRAM OPTIONS FOR SENIORS AND THEIR FAMILIES.INTEGRATIVE CARE IS PROVIDED AT EACH OF THE THREE CAMPUSES BY TRAINED STAFF. INTEGRATIVE SERVICES INCLUDE COMPLEMENTARY CARE SUCH AS MASSAGE, AROMATHERAPY, IMAGERY AND VISUALIZATION, MOVEMENT AND BREATHWORK, GUIDED MEDITATION, AND MUSIC THERAPY. THE GOALS OF THESE NON-PHARMACOLOGICAL INTERVENTIONS ARE DECREASING ANXIETY, NAUSEA, AND PAIN AS WELL AS IMPROVING A GENERAL SENSE OF HEALTH AND WELLBEING. SENIOR CARE COMMUNITIES RECOGNIZES AND IS COMMITTED TO THE SPIRITUAL HEALTH AND WELLBEING OF ALL ITS RESIDENTS AND TEAM MEMBERS. SENIOR CARE COMMUNITIES PROVIDES FUNDING FOR CHAPLAINS AT ALL OF THE COMMUNITIES. CHAPLAINS PROVIDE VISITATION, WORSHIP, AND EDUCATION EXPERIENCES. IN EACH PROPERTY, WEEKLY NON-DENOMINATIONAL WORSHIP SERVICES ARE PROVIDED FOR ALL RESIDENTS. THE BOARD ALSO PROVIDES STIPENDS FOR CATHOLIC PARISHES TO PROVIDE PRIESTS FOR MASS. 54820181 1 1 0 0 0 0 0 0 1 0 1 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 76 0 877 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 5 4 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X TRICIA HICKEY CO LIFESPARK LLC 9523458770 5320 W 23RD ST SUITE 130 SAINT LOUIS PARK MN 55416 MICHAEL KAREL EX DIR-WOODBURY SENIOR LIVING 40.00 X 173369 0 4428 TYLER DONAHUE EX DIR-PROVIDENCE PLACE 40.00 X 167846 0 10654 JASHODA PURI GIRI REGISTERED NURSE 71.94 X 176360 0 3299 NWAEMELE NDUBISI REGISTERED NURSE 66.29 X 165708 0 1378 ROSE EKOBENA REGISTERED NURSE 63.30 X 160134 0 5905 SUSAN LANDWEHR MARSHALL PRESIDENT & TREASURER 6.00 X X 30000 0 0 RICHARD H MARTIN SECRETARY 5.00 X X 18000 0 0 SANDRA L HESSE VICE PRESIDENT 1.00 X X 5000 0 0 JIM MONTEZ DIRECTOR 1.00 X 0 0 0 JOHN MARSHALL DIRECTOR 1.00 X 0 0 0 GREG BROWN CFO/MANAGEMENT AGENT 10.00 X 0 0 0 896417 0 25664 29 0 1 0 CURA HOSPITALITY LLC 300 SOUTH TRYON STREET STE 400 CHARLOTTE NC 28202 DIETARY SERVICES 6511211 AEGIS THERAPIES INC 1000 BEVERLY WAY FORT SMITH AZ 72919 THERAPY SERVICES 3953404 TWSL LLC 7400 WEST 109TH STREET BLOOMINGTON MN 55438 HEALTHCARE MANAGEMENT 3577382 HEALTHCARE SERVICES GROUP INC 3220 TILLMAN DRIVE STE 300 BENSALEM PA 19020 HOUSEKEEPING SERVICES 2271898 HEALTHEAST MEDICAL LABORATORY 69 W EXCHANGE STREET ST PAUL MN 55102 LABORATORY SERVICES 984684 20 3185235 5000 3190235 RESIDENT SERVICES 623000 58678388 58678388 58678388 340253 340253 3100 0 3100 3100 3100 368367 405599 8269 -37232 -8269 -45501 -45501 MISCELLANEOUS REVENUE 623000 416558 416558 416558 62583033 58678388 0 714410 X 37510 37510 43112 43112 53000 53000 27013328 24731649 2281679 2236801 2047553 189248 2048588 1612108 436480 3120313 3120313 86364 86364 118748 118748 12294813 11835573 459240 163479 163479 2807588 1821581 986007 84088 84088 2724218 1780476 943742 8507 8507 154778 148305 6473 3449238 3259961 189277 3786256 3531569 254687 680911 680911 COVID TESTING & SUPPLIE 1374456 1374456 MEDICAL SURCHARGE 1252676 1252676 PROVISION FOR BAD DEBTS 774256 6133 768123 LICENSES 197944 197944 211097 211097 64722069 54820181 9901888 0 7751425 8657096 3478038 3577130 5584941 5852860 500000 500000 544053 547959 96405872 42671434 55834364 53734438 4062520 4655573 5824725 6557238 83580066 84082294 7251084 5268971 37980491 37463017 152342 328359 37756970 37182947 633678 6117632 83774565 86360926 X -280214 -2366398 85715 87766 -194499 -2278632 83580066 84082294 X -2139036 91850 -36947 X X 0 1 X 1 1 1 X 275037 293123 90228 110214 3190235 3958837 51751039 53189889 59503067 61829464 58678388 284951847 4859 9517 9005 7057 30438 52030935 53492529 59602300 61946735 61868623 288941122 0 0 0 288941122 570932 187245 559638 361024 343353 2022192 570932 187245 559638 361024 343353 2022192 6687444 254010 459467 315580 416558 8133059 59289311 53933784 60621405 62623339 62628534 299096373 0.96600 0.96320 0.00680 0.00650 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 5874084 5874084 79083651 35057893 44025758 11301210 7613541 3687669 146927 146927 53734438 COVENIRE CARE NOKOMIS, LLC 1329533 C THE WATERS OF EDEN PRAIRIE INVESTERS, LLC 2696040 F THE WATERS OF PEWAUKEE JV MEMBER, LLC 630000 F 4655573 RESIDENT TRUST FUND 328359 ESCROW DEPOSITS 660732 REPLACEMENT RESERVE 1792421 RESIDUAL RECEIPTS RESERVE 1883584 FUNDS HELD UNDER BOND INDENTURE 1892142 6557238 DEFERRED RENT 670302 UNCLAIMED PROPERTY 15395 CAPITAL LEASE OBLIGATION 12517 PPP LOANS 5419418 6117632 X PART IV, LINE 2B: THE RESIDENT TRUST FUNDS ARE PATIENT PERSONAL FUNDS THAT ARE HELD BY THE FACILITY. THE FUNDS BELONG TO THE RESIDENTS AND FACILITY MAINTAINS DETAIL ON DEPOSITS/WITHDRAWALS PER MN DHS GUIDELINES. PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE THAT THE ORGANIZATION EVALUATE TAX POSITIONS AND RECOGNIZE A LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN TAX POSITION THAT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAX AUTHORITIES. THE ORGANIZATION HAS ANALYZED ITS TAX POSITIONS, AND CONCLUDED THAT AS OF DECEMBER 31, 2020 AND 2019 THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDIT BY TAX AUTHORITIES, HOWEVER THERE ARE CURRENTLY NO AUDITS FOR ANY OPEN TAX PERIODS IN PROGRESS. 1 SCHOLARSHIPS 16 43112 PART I, LINE 2: EMPLOYEE SCHOLARSHIPS AND GRANTS ARE PAID DIRECTLY TO THE EDUCATIONAL INSTITUTION UPON RECEIPT OF A LETTER OF ACCEPTANCE OR AN INVOICE. FOR GRANTS TO OTHER ORGANIZATIONS, SENIOR CARE COMMUNITIES DOES NOT HAVE A FORMAL MONITORING PROCESS. X 0 0 0 0 0 0 0 0 0 MICHAEL KAREL EX DIR-WOODBURY SENIOR LIVING 173369 0 0 0 0 0 0 0 4428 0 177797 0 0 0 TYLER DONAHUE EX DIR-PROVIDENCE PLACE 167846 0 0 0 0 0 0 0 10654 0 178500 0 0 0 JASHODA PURI GIRI REGISTERED NURSE 176360 0 0 0 0 0 0 0 3299 0 179659 0 0 0 NWAEMELE NDUBISI REGISTERED NURSE 165708 0 0 0 0 0 0 0 1378 0 167086 0 0 0 ROSE EKOBENA REGISTERED NURSE 160134 0 0 0 0 0 0 0 5905 0 166039 0 0 0 PART I, LINE 3: THE OFFICERS RECEIVE MINIMAL COMPENSATION FOR THEIR SERVICES TO SENIOR CARE COMMUNITIES, INC. DETERMINATION OF THEIR COMPENSATION IS BASED ON THE AMOUNT OF TIME DEDICATED TO THE ORGANIZATION IN THE PRIOR YEAR AND INCLUDES REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILITY DATA AND CONTEMPORANEOUS SUBSTANTIATION. THIS PROCESS WAS LAST UNDERTAKEN FOR ALL OFFICERS IN 2020. A HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF SAINT PAUL MINNESOTA 521440935 85233KAB1 2014-08-13 21935000 ACQUISITION OF PROPERTY 0 0 0 B WASHINGTON COUNTY COMMUNITY DEVELOPMENT AGENCY 411408079 93778CAD0 2016-08-19 17685000 REFINANCE SERIES 2007 BONDS 0 0 0 A 2142472 21935000 969500 418700 515000 20031800 2015 0 0 1 1 B 655000 17685000 1146806 15924477 348200 265516 2016 1 1 1 1 A 1 0 0 0 0 0 1 B 1 0 0 0 0 0 1 A 0 0 0 1 1 0 0 1 1 B 0 1 0 0 0 0 0 0 1 A 0 B 0 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF SAINT PAUL, DATE THE REBATE COMPUTATION WAS PERFORMED: 09/25/2019 SCHEDULE K, PART IV, LINE 6, COLUMN A: 2-YEAR SPENDING EXCEPTION: THE ARBITRAGE RULES PROVIDE AN EXCEPTION FROM THE REBATE REQUIREMENTS FOR AVAILABLE CONSTRUCTION PROCEEDS IF AT LEAST 75% OF SUCH PROCEEDS ARE USED FOR CONSTRUCTION PURPOSES AND IF SUCH PROCEEDS ARE ALLOCATED TO EXPENDITURES FOR A GOVERNMENTAL PURPOSE OF THE ISSUE IN ACCORDANCE WITH THE FOLLOWING SPENDING CRITERIA: (A) AT LEAST 10% OF THE AVAILABLE CONSTRUCTION PROCEEDS WERE SPENT WITHIN SIX MONTHS AFTER THE DATE OF ISSUE; (B) 45% OF SUCH PROCEEDS WERE SPENT WITHIN ONE YEAR; (C) 75% OF SUCH PROCEEDS WERE SPENT WITHIN 18 MONTHS; AND (D) 100% OF SUCH PROCEEDS WERE SPENT WITHIN TWO YEARS. THE 100% EXPENDITURE REQUIREMENT WITHIN TWO YEARS IS TREATED AS MET IF A REASONABLE RETAINAGE AMOUNT, NOT TO EXCEED 5%, IS SPENT WITHIN THREE YEARS AFTER THE DATE OF ISSUE. DURING A PRIOR REPORTING PERIOD, AVAILABLE GROSS PROCEEDS OF THE ISSUE ALLOCATED TO EXPENDITURES FOR A GOVERNMENTAL PURPOSE WERE NOT EXPENDED IN ACCORDANCE WITH THE SPENDING CRITERIA ABOVE. THEREFORE, THE ISSUE HAS FAILED TO QUALIFY FOR THE 2-YEAR SPENDING EXCEPTION AND HAS BEEN INCLUDED IN THE EXCESS EARNINGS CALCULATIONS FOR REBATE. THE SERIES 2014A NOTE IS A DRAW-DOWN NOTE AND AS SUCH, THERE ARE NO EXCESS EARNINGS RELATED TO THIS PORTION OF THE OBLIGATION. TEMPORARY PERIOD: THE NET SALE PROCEEDS AND INVESTMENT PROCEEDS OF AN ISSUE REASONABLY EXPECTED TO BE ALLOCATED TO EXPENDITURES FOR CAPITAL PROJECTS QUALIFY FOR A TEMPORARY PERIOD OF THREE YEARS BEGINNING AT THE ISSUE DATE. PROCEEDS NOT EXPENDED DURING A TEMPORARY PERIOD BECOME SUBJECT TO YIELD RESTRICTION AT THE BOND YIELD PLUS 0.125% (ONE-EIGHTH PERCENT) THREE YEARS AFTER THE DATE OF ISSUE. THERE ARE NO EXCESS EARNINGS ATTRIBUTABLE TO YIELD RESTRICTION OF PROCEEDS FOR THE REPORTING PERIOD SINCE ALL DISBURSED PROJECT FUNDS WERE EXPENDED WITHIN THE TEMPORARY PERIOD. A FINAL DRAW ON THE SERIES 2014A NOTE WAS MADE FOLLOWING THE END OF THE TEMPORARY PERIOD; HOWEVER, THERE ARE NO EXCESS EARNINGS ATTRIBUTABLE SINCE PROCEEDS WERE EXPENDED AS OF THE SEPTEMBER 8, 2017 DRAW DATE. TWSL LLC MAJOR CONTRIBUTOR 3577382 HEALTHCARE MANAGEMENT SERVICES 0 THE WATERS SENIOR LIVING MAJOR CONTRIBUTOR 566804 HEALTHCARE MANAGEMENT SERVICES 0 FORM 990, PART VI, SECTION A, LINE 3 SENIOR CARE COMMUNITIES DELEGATED CONTROL OVER MANAGEMENT DUTIES TO TWSL, LLC AND THE WATERS SENIOR LIVING. FORM 990, PART VI, SECTION B, LINE 11B THIS FORM WAS SENT OUT ELECTRONICALLY TO ALL BOARD MEMBERS WHO REVIEW AND APPROVED THE FORM VIA ELECTRONIC VOTING PROCESS. FORM 990, PART VI, SECTION B, LINE 12C SR. CARE COMMUNITIES APPROVED THE FOLLOWING CONFLICT OF INTEREST POLICY ON 5/7/2009. THE FOLLOWING PERSONS ARE "KEY PERSONS" FOR THE PURPOSES OF THE CONFLICT OF INTEREST POLICY: A MEMBER OF THE BOARD OF DIRECTORS, A MEMBER OF A COMMITTEE WITH POWERS DELEGATED BY THE BOARD OF DIRECTORS, AN OFFICER OF THE CORPORATION, A FAMILY MEMBER DEFINED AS A SPOUSE, PARENT, CHILD, SIBLING OR SPOUSE OF A SIBLING. PROCEDURES FOR ADDRESSING THE CONFLICT OF INTEREST. ONCE A POTENTIAL CONFLICT OF INTEREST HAS BEEN DISCLOSED: THE KEY PERSON MAY MAKE A PRESENTATION AT THE BOARD OR COMMITTEE MEETING AT WHICH THE TRANSACTION WILL BE DISCUSSED, BUT AFTER SUCH PRESENTATION, HE OR SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT THAT RESULTS IN THE CONFLICT OF INTEREST. THE BOARD OR COMMITTEE SHALL, IF APPROPRIATE, OBTAIN AND RELY ON APPROPRIATE DATA AS TO COMPARABILITY PRIOR TO MAKING ITS DECISION WHETHER OR NOT TO PARTICIPATE IN THE PROPOSED TRANSACTION OR ARRANGEMENT. THE CHAIR OF THE BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. THE BOARD OR COMMITTEE SHALL USE DUE DILIGENCE TO DETERMINE WHETHER THE CORPORATION CAN OBTAIN A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT WITH REASONABLE EFFORTS FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. AFTER CONSIDERATION, THE BOARD OR COMMITTEE MAY DETERMINE THAT A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY ATTAINABLE UNDER CIRCUMSTANCES THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF SO, THE BOARD OR COMMITTEE MAY DECIDE, BY A MAJORITY VOTE, TO ENTER INTO A TRANSACTION INVOLVING A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE OFFICERS RECEIVE MINIMAL COMPENSATION FOR THEIR SERVICES TO SENIOR CARE COMMUNITIES, INC. DETERMINATION OF THEIR COMPENSATION IS BASED ON THE AMOUNT OF TIME DEDICATED TO THE ORGANIZATION IN THE PRIOR YEAR AND INCLUDES REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILITY DATA AND CONTEMPORANEOUS SUBSTANTIATION. THIS PROCESS WAS LAST UNDERTAKEN FOR ALL OFFICERS IN 2020. FORM 990, PART VI, SECTION C, LINE 18 THE 990 IS AVAILABLE UPON REQUEST OR AT WWW.GUIDESTAR.ORG WHILE OTHER DOCUMENTS ARE ONLY AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE ON REQUEST. FORM 990, PART IX, LINE 11G MEDICAL AND PATIENT SERVICES: PROGRAM SERVICE EXPENSES 11,645,488. MANAGEMENT AND GENERAL EXPENSES 459,240. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,104,728. REGISTRY: PROGRAM SERVICE EXPENSES 190,085. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 190,085. FORM 990, PART XI, LINE 9: LOSS ON EQUITY METHOD INVESTMENTS -36,947. FORM 990, PART XII, LINE 2C: NEITHER THE OVERSIGHT PROCESS NOR THE SELECTION PROCESS OF THE INDEPENDENT ACCOUNTANT CHANGED DURING THE TAX YEAR. SENIOR CARE PROVIDENCE LLC 370 23RD AVENUE SOUTH MINNEAPOLIS MN 55407 260429826 SKILLED NURSING DE 22006147 18831515 SENIOR CARE COMMUNITIES INC SENIOR CARE FOREST LAKE LLC 604 NE FIRST STREET FOREST LAKE MN 55025 208316264 SKILLED NURSING AND ASSISTED LIVING DE 11557928 12021310 SENIOR CARE COMMUNITIES INC SENIOR CARE WOODBURY LLC 7012 LAKE DRIVE WOODBURY MN 55125 208316216 SKILLED NURSING AND ASSISTED LIVING DE 23294854 25677595 SENIOR CARE COMMUNITIES INC THE WATERS OF HIGHLAND PARK LLC 678 SNELLING AVENUE S ST PAUL MN 55116 471154954 ASSISTED LIVING MN 5445376 17909362 SENIOR CARE COMMUNITIES INC THE WATERS OF EDEN PRAIRIE INVESTORS LLC 1600 HOPKINS CROSSROAD MINNETONKA MN 55305 474586845 ASSISTED LIVING MN N/A RELATED 424205 7423192 0 0 0.71510 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 THE WATERS OF EDEN PRAIRIE INVESTORS LLC S 163910 CASH (DISTRIBUTIONS)